June 24, 2008
Huntsman Sues Appollo
A few days ago I noted that Appollo has filed for declaratory judgment in Delaware to get "permission" to abort its buyout of Huntsman. Huntsman has now sued Appollo in Texas attempting to force Appollo to close. We again have a dual of two courts. Who will blink? When will buyout agreements start putting choice of law clauses into their deals to stop this?
June 24, 2008 | Permalink
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